Lowest Forward Earnings Yield in the Life Sciences Tools & Services Industry Detected in Shares of Illumina (ILMN, BIO, AFFX, TECH, MTD)
Below are the three companies in the Life Sciences Tools & Services industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
Illumina ranks lowest with a forward earnings yield of 1.8%. Bio-Rad Laboratories is next with a forward earnings yield of 2.1%. Affymetrix ranks third lowest with a forward earnings yield of 2.9%.
Techne follows with a forward earnings yield of 3.1%, and Mettler-Toledo International rounds out the bottom five with a forward earnings yield of 3.2%.
SmarTrend recommended that subscribers consider buying shares of Affymetrix on October 28th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $9.46. Since that recommendation, shares of Affymetrix have risen 48.1%. We continue to monitor Affymetrix for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield illumina bio-rad laboratories Affymetrix techne mettler-toledo international